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Komercni Banka as (BKOM.PR)

BKOM.PR on Prague Stock Exchange

835.00CZK
16 Aug 2019
Change (% chg)

5.00Kč (+0.60%)
Prev Close
830.00Kč
Open
838.00Kč
Day's High
838.00Kč
Day's Low
829.00Kč
Volume
117,604
Avg. Vol
121,338
52-wk High
964.50Kč
52-wk Low
812.50Kč

Latest Key Developments (Source: Significant Developments)

Komercni Banka Q2 profit higher than expected, confirms dividend outlook
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - Komercni Banka as ::KOMERCNI BANKA H1 RECURRING NET PROFIT CZK 7.2 BILLION.KOMERCNI BANKA Q2 ATTRIBUTABLE NET PROFIT CZK 4.04 BILLION VERSUS CZK 3.78 BILLION SEEN IN REUTERS POLL.KOMERCNI BANKA Q2 NET BANKING INCOME CZK 8.22 BILLION VERSUS CZK 8.26 BILLION SEEN IN REUTERS POLL.KOMERCNI BANKA Q2 NET INTEREST INCOME CZK 5.87 BILLION VERSUS CZK 5.98 BILLION SEEN IN REUTERS POLL.KOMERCNI BANKA SAYS ABLE TO BOOK A NET RELEASE OF PROVISIONS FOR CREDIT LOSSES OF CZK 0.4 BILLION IN H1.KOMERCNI BANKA SAYS GROSS VOLUME OF LENDING TO CLIENTS ROSE BY 3.2% IN H1.KOMERCNI BANKA SAYS EXPECTS THE ANNUAL GROWTH RATE OF THE LOAN PORTFOLIO IN 2019 WILL REMAIN IN MID-TO LOW-SINGLE DIGITS.KOMERCNI BANKA SAYS TOTAL NET OPERATING INCOME FOR 2019 SHOULD IMPROVE SLIGHTLY IN COMPARISON WITH 2018.KOMERCNI BANKA SAYS EFFECT OF INCREASING LOAN AND DEPOSIT VOLUMES WILL BE OFFSET BY THE CONTINUING COMPETITIVE PRESSURE ON LENDING SPREADS AND MODERATELY RISING COST OF DEPOSITS.KOMERCNI BANKA SAYS POSSIBLE COST OF RISK FOR THE FULL YEAR MAY REACH EVEN NEGATIVE LEVEL (I.E. NET RELEASE OF PROVISIONS).KOMERCNI BANKA REITERATES EXPECTS TO PAY OUT IN DIVIDENDS 65% OF 2019 CONSOLIDATED NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS.  Full Article

Erste's Czech unit: banks ready to invest into development fund
Monday, 20 May 2019 

May 20 (Reuters) - Moneta Money Bank as ::ERSTE GROUP BANK'S CZECH UNIT CESKA SPORITELNA CEO SAYS BANKS READY TO INVEST BILLIONS OF CROWNS TO NEW DEVELOPMENT FUND EQUITY.ERSTE GROUP BANK'S CZECH UNIT CESKA SPORITELNA CEO SAYS SAYS FUND'S EQUITY CAN BE MULTIPLIED BY TENS TO HUNDREDS OF BILLIONS OF CROWNS IN CONCRETE PROJECTS.ERSTE GROUP BANK'S CZECH UNIT CESKA SPORITELNA CEO SAYS EXPECTS OTHER LARGE CZECH COMPANIES WILL ALSO CONTRIBUTE.ERSTE GROUP BANK'S CZECH UNIT CESKA SPORITELNA CEO SAYS WORKING INTENSIVELY WITH GOVERNMENT ON CREATING FUND.  Full Article

Komercni Banka confirms loan, dividend outlook, sees no signs of cost of risk deterioration
Friday, 3 May 2019 

May 3 (Reuters) - Komercni Banka as ::KOMERCNI BANKA CFO SPERL SAYS EXPECTS LENDING TO GROW AT MID-SINGLE DIGIT PACE IN 2019, AROUND 5 PERCENT.KOMERCNI BANKA CFO SPERL SAYS EXPECTS NEW HOUSING LOAN SALES DOWN 15-18 PERCENT FOR FY 2019.KOMERCNI BANKA CFO SPERL SAYS EXPECTS FLATTISH NET FEES IN FY 2019.KOMERCNI BANKA CFO SPERL SAYS STICKING TO GUIDANCE OF BANKING REVENUE GROWTH OF 2-3 PERCENT IN FY 2019.KOMERCNI BANKA CFO SPERL SAYS EXPECTS OPEX TO BE AT LEVEL OF INFLATION IN FY 2019.KOMERCNI BANKA CFO SPERL SAYS.KOMERCNI BANKA CFO SPERL SAYS WE DON'T SEE ANY SIGNS OF DETERIORATION OF COSTS OF RISKS, CANNOT EXCLUDE THERE COULD STILL BE NET RELEASE IN FY 2019.KOMERCNI BANKA CONFIRMS INTENDS FOR 2019 TO PROPOSE DISTRIBUTING AS DIVIDENDS 65% OF ATTRIBUTABLE CONSOLIDATED NET PROFIT.  Full Article

Komercni Banka Q1 net profit slightly below estimates
Friday, 3 May 2019 

May 3 (Reuters) - Komercni Banka as ::KOMERCNI BANKA Q1 ATTRIBUTABLE NET PROFIT CZK 3.18 BILLION VERSUS CZK 3.26 BILLION SEEN IN REUTERS POLL.KOMERCNI BANKA Q1 NET BANKING INCOME CZK 8.0 BILLION VERSUS CZK 8.25 BILLION SEEN IN REUTERS POLL.KOMERCNI BANKA SAYS BOOKED A NET RELEASE OF PROVISIONS FOR CREDIT RISK AMOUNTING TO CZK 176 MILLION IN Q1.KOMERCNI BANKA SAYS NET INTEREST INCOME GREW BY 9.2 PERCENT Y/Y IN Q1.KOMERCNI BANKA Q1 NET INTEREST INCOME CZK 5.89 BILLION VERSUS CZK 5.95 BILLION SEEN IN REUTERS POLL.KOMERCNI BANKA SAYS LENDING GREW 4.0 PERCENT Y/Y IN Q1.KOMERCNI BANKA SAYS LACK OF CLEAR TREND FOR FUTURE CZK IR AND FX RATES LIMITING CLIENTS’ DEMAND FOR POSITIONS HEDGING -PRESENTATION.  Full Article

Komercni Banka AGM Approves Czk 51 Per Share Dividend
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Komercni Banka as ::KOMERCNI BANKA AGM APPROVES CZK 51 PER SHARE DIVIDEND -IR.  Full Article

Komercni Banka sees lending growth in mid-single digits in 2018
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Komercni Banka As ::KOMERCNI BANKA CFO SAYS NOT EXPECTING ANY ONE-OFFS IN 2018.KOMERCNI BANKA CFO SAYS GUIDANCE FOR 2018 DIVIDEND IS FOR ONE YEAR, INTENDS TO PAY 65 PERCENT OF 2018 REPORTED ATTRIBUTABLE NET PROFIT.KOMERCNI BANKA CFO SAYS EXPECTS LENDING GROWTH IN MID SINGLE DIGITS IN 2018.KOMERCNI BANKA CFO SAYS WE ARE EXPECTING A GRADUAL INCREASE IN CNB'S COUNTERCYCLICAL BUFFER GIVEN ECONOMIC CYCLE.KOMERCNI BANKA CFO SAYS EXPECTS REVENUES BROADLY FLATTISH IN 2018 BUT STRUCTURE HEALTHIER.  Full Article

Komercni Banka says capital requirement as of Jan 2018 15.5 pct
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Komercni Banka As ::KOMERCNI BANKA SAYS OVERALL CAPITAL REQUIREMENTS AS OF 1 JANUARY 2018 REACH 15.5 PERCENT IN RELATION TO CONSOLIDATED VOLUME OF RISK-WEIGHTED ASSETS.KOMERCNI BANKA SAYS AS OF 30 SEPTEMBER 2017, CONSOLIDATED CAPITAL ADEQUACY REACHED 16.8 PERCENT.  Full Article

Komercni Banka expects lower 2017 loan growth, confirms dividend outlook
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Komercni Banka As :confirms intention to pay out 60 percent of recurring net profit in 2017 as dividend.COO Libor Lofler says expects total deposits to grow more than 10 percent this year but to decelerate next year.CFO Jiri Sperl says targeting mid-single digit loan growth in fy 2017, with risk it will be less.  Full Article

Komercni Banka Q3 net profit, banking income fall
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Komercni Banka As :Komercni banka says 9m recurring net profit czk 10.3 billion.Komercni banka ceo says competition to deploy excessive liquidity in czech crowns has intensified.Komercni banka q3 net profit czk 3.53 billion versus czk 3.33 billion seen in reuters poll.Komercni banka q3 net banking income czk 7.50 billion versus czk 7.67 billion seen in reuters poll.Komercni banka says q3 cost of risk czk 125 million versus czk -205 million seen in reuters poll.Komercni banka ceo says effects of currency interventions are lasting, balance sheets of czech banks have swollen.Komercni banka says 9m gross volume of loans up 2.0 percent, loans to businesses fell 2.8 percent.  Full Article

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Some Czech banks expect slight rise in mortgage demand in third quarter: survey

PRAGUE Part of the Czech banking market expects a slight increase in demand for mortgage loans in the third quarter while the sector overall sees no change in credit standards, a regular Czech National Bank survey found on Monday.